4 bedroom detached for sale

£399,950 Offers over

4

Bedrooms

1

Bathrooms

Floorplan

THE PROPERTY AND VILLAGE The subject property is a very well presented detached family home that enjoys extended accommodation. Located in a most pleasant cul de sac setting at the edge of Shardlow, the gas centrally heated and double glazed accommodation briefly comprises entrance hall, spacious lounge, conservatory, kitchen, dining room, study and guest cloakroom. To the first floor, four bedrooms and shower room. Externally there is off road parking to the front elevation, to the rear a most pleasant garden which includes a garden room/home office.

Shardlow is a village in Derbyshire, about six miles South East of Derby and eleven miles South West of Nottingham, an important late 18th-century river port for the trans-shipment of goods to and from the River Trent to the Trent and Mersey Canal, during its heyday from the 1770s to the 1840s it became referred to as "Rural Rotterdam" and "Little Liverpool". Today Shardlow is considered Britains most complete surviving example of a canal village with over 50 Grade II listed buildings and many surviving public houses within the designated Shardlow Wharf Conservation Area. The village has a number of public houses and is situated on the 24 hour running Skylink bus route connecting Derby and East Midlands airport. Nearby Castle Donington has a high standard of amenities and facilities.



GROUND FLOOR

ACCOMMODATION

ENTRANCE HALL With stairs rising to the first floor, understairs storage cupboard, central heating radiator, tiled floor.

LOUNGE 21 2" x 10 5" (6.45m x 3.18m) With uPVC framed double glazed window to the front elevation, central heating radiator, remote controlled fire, oak flooring, down lighters.

CONSERVATORY 10 11" x 6 (3.33m x 1.83m) With uPVC framed double glazed doors opening to the rear garden. Tiled floor.

KITCHEN 10 11" x 8 6" (3.33m x 2.59m) Narrowing to 7 4" (2.23m) Including a range of units at eye and base level providing work surface, storage and appliance space. Neff 5 ring hob, electric oven, plate warmer, inset sink unit, plumbing for a washing machine, dishwasher, uPVC double glazed window to the rear elevation, down lighters and a tiled floor. There is a further 9 11" x 5 8" (3.02 x 1.72m) which leads through to the dining room and includes space for a fridge/freezer.

DINING ROOM 8 11" x 7 2" (2.72m x 2.18m) With uPVC framed double glazed sliding doors, uPVC framed double glazed window to the rear elevation, roof lights, central heating radiator, space for a wine cooler, tiled floor.

STUDY 11 10" x 5 7" (3.61m x 1.7m) With uPVC framed double glazed window to the front elevation, central heating radiator, laminate flooring.

INNER LOBBY With laminate flooring.

GUEST CLOAKROOM Comprising a suite in white of wash hand basin with storage beneath, W.C. Central heating radiator. Tiled floor.

FIRST FLOOR

LANDING

BEDROOM ONE 12 2" x 10 5" (3.71m x 3.18m) With uPVC framed double glazed window to the front elevation. Central heating radiator.

BEDROOM TWO 10 5" x 8 4" (3.18m x 2.54m) With uPVC framed double glazed window to the rear elevation. Central heating radiator. In built wardrobes.

BEDROOM THREE 9 9" x 5 8" (2.97m x 1.73m) PLUS 7 2" x 6 10" (2.18m x 2.08m) With uPVC framed double glazed windows to the front elevation, two central heating radiators.

BEDROOM FOUR 11 1" x 5 8" (3.38m x 1.73m) With uPVC framed double glazed window to the rear elevation. Central heating radiator. Access to the roof space.

SHOWER ROOM Comprising a suite in white of wash hand basin with storage beneath. W.C. Tiled enclosure housing the Mira electric shower. Opaque uPVC framed double glazed window to the rear elevation, Chrome style heated towel rail, tiled floor, down lighters.

OUTSIDE The property is fronted by a block paved drive providing off street parking. To the rear a most pleasant garden with a central circular area of synthetic turf, pergola, an area of decking and steps leading up to the GARDEN ROOM/HOME OFFICE 13 1" x 9 3" (3.98m x 2.82m) with bi-fold doors laminate flooring, air conditioning unit, light and power supplies.

Map location is not available for this property.

Mortgage Calculator

Your property may be repossessed if you do not keep up repayments on your mortgage.

Monthly Payment: £ 8,216.87

Monthly Payment: £ 8,216.87

Monthly Payment: £ 8,216.87

Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 332658.75

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 9998.75
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.

£

This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.

£

Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.

£

This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.

Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.

Annual Costs

£ 32696.25
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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This is the percentage of the rent that you will spend maintaining the property.

£

Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

£

Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.

£

This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

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This is the assumed rate of house price inflation.

Final Property Value

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This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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